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15% fees for ETH staking on Kraken

Etherum Reddit

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I'm absolutely livid, and I can't keep quiet about this anymore. I need to vent about the unreasonable staking fees imposed by Kraken for Ethereum staking. It's beyond frustrating, and I hope you all share my sentiments.

I've been using Kraken for a while now and have always appreciated its user-friendly interface and the range of services it provides. But their recent decision to slap a 15% fee on Ethereum staking has left me completely disgusted.

Ethereum, one of the top cryptocurrencies, embodies decentralization, security, and financial freedom. Yet, Kraken has chosen to disregard these principles by introducing these outrageous fees. It's a blatant cash grab, and it's a slap in the face to the crypto community that trusted this platform.

Blockchain and crypto were meant to empower users and level the financial playing field, but a 15% staking fee runs counter to that vision. It's a betrayal of our trust and a gross exploitation of our commitment to the crypto journey.

I'm appealing to Kraken to reconsider this fee structure and align it with industry standards. Let's get back to a fair, reasonable system that doesn't make users feel like they're being taken for a ride.

I hope Kraken takes this feedback seriously and reevaluates this decision. Let's create a crypto ecosystem that's fair, trustworthy, and welcoming to all.

Please share your thoughts and let's make some noise about this issue. Together, we can have an impact.

submitted by /u/tgm0
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